Oil prices fall 1pc as economic worries outweigh tanker tensions

LONDON: Oil prices slipped more than 1pc on Monday as signs of an economic slowdown amid international trade disputes began to outweigh supply fears...

Huawei CEO says underestimated impact of US ban, sees revenue dip

'Huawei had not expected that US determination to 'crack' the company would be so strong and so pervasive'HONG KONG: Huawei Technologies Co Ltd's...

Saudi seeks oil supply protection as US and Iran face off

DUBAI: Saudi Arabia called for swift action to secure Gulf energy supplies, after the United States blamed Iran for attacks on two oil tankers...

Saudi energy minister hopes to balance oil market before 2020

Saudi Arabia is working to balance global oil markets this year, the country’s energy minister said on Saturday when asked if there's an impending...

Nissan considers giving Renault some seats on oversight committees

TOKYO: Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed discontent with...

India set to raise tariffs on some US goods: reports

NEW DELHI: India has decided to raise tariffs on imports of 29 goods from the US after having deferred the move several times since announcing...

Rising oil prices add to global economic strife

LONDON: Escalating tension in the Middle East is driving up oil prices, a huge import cost for many economies, putting more strain on global growth...

Huawei delays global launch of foldable phone by three months

HONG KONG: Huawei will delay the launch of its much-touted foldable 5G Mate X smartphone by three months, the latest setback for the company that...

Three Abraaj executives charged in U.S. fraud investigation

Naqvi, who is confined to his London home on $20 million bail, is awaiting extradition to the U.S. He said he is innocent.

Huawei fights back in US-China trade stand-off

LIMA/SHANGHAI: China’s Huawei has applied to trademark its “Hongmeng” operating system (OS) in at least nine countries and Europe, data from a UN body...

Senators warn Trump to not use Huawei as chip in trade talks

'In no way should Huawei be used as a bargaining chip in trade negotiations'WASHINGTON: Two leading US senators warned President Donald Trump's administration Thursday...

Huawei applies to trademark its own operating system after US ban

LIMA/SHANGHAI: China's Huawei has applied to trademark its "Hongmeng" operating system (OS) in at least nine countries and Europe, data from a UN body...

China says won’t yield to any US pressure over trade

BEIJING: China's commerce ministry said on Thursday Beijing will not yield to any “maximum pressure” from Washington, and any attempt by the United States...

Oil prices surge after suspected tanker attack near Iran

LONDON: Oil prices jumped as much as 4pc on Thursday after a suspected attack on two tankers in the Gulf of Oman near Iran...

Uber to unveil next-generation Volvo self-driving car

The new production XC90 will have factory-installed steering and braking systems designed for computer rather than human controlWASHINGTON: Uber Technologies Inc on Wednesday...

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PM Imran says no to dollar at SCO

PM urges SCO to finalise arrangements for trade in local currencies, set up SCO bank  Says Organisation needs to advance goals of peaceful...

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Senate body reviews finance bill, FBR proposals

ISLAMABAD: Senate's Standing Committee on Finance, Revenue and Economic Affairs on Monday reviewed the Finance Bill 2019 as well as the clauses proposed by Federal...